Hitachi, Ltd.
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Decarbonization
- Resource Circulation
- Resilience
- Safety & Security
- Quality of Life
- Business with Integrity
- Diversity, Equity and Inclusion (DEI)
Environmental Achievements
- 74% CO2 reduction rate at factories and offices (compared with FY2010)
- 153 million metric tons per year of CO2 avoided emissions
- 198 products identified as subject to Eco-Design
- 146 sites (75%) achieved zero waste to landfill
- 30% reduction in water use per unit
Social Achievements
- 49 thousand users of happiness service
- 71.0% employee engagement (positive response rate)
- Conducted human rights risk assessments at all BUs (10 BUs) and major Hitachi Group companies
- Zero fatal accidents (although 4 are mentioned in the report, this seems to be a target)
- Participants in Hitachi Young Leaders Initiative: 32 people, 437 people cumulative
- Participants in Hitachi High-Tech science education support activities: 59,911 people, 427,273 people cumulative
Governance Achievements
- Achieved a score of 76.5 in Ethical Culture & Perceptions Assessment
- 11.8% of women and 25.0% of non-Japanese executive and corporate officers
Climate Goals & Targets
Long-term Goals:
- FY2050: Achieve carbon neutrality through the value chain
Medium-term Goals:
- FY2030: Achieve carbon neutrality in business sites (factories and offices)
- FY2030: Zero waste to landfill from manufacturing sites
- FY2030: 50% reduction rate in water use per unit (compared with FY2010)
- FY2030: 30% ratio of women and non-Japanese executive and corporate officers
Short-term Goals:
- FY2024: 100 million metric tons of CO2 avoided emissions per year
- FY2024: Full application Eco-Design for all newly developed products
- FY2024: 24% reduction rate in water use per unit (compared with FY2010)
- FY2024: 97,000 persons acquiring and developing digital talent
Environmental Challenges
- Supply chain disruptions due to disasters and risks
- Cybersecurity threats
- Maintaining social infrastructure resilience
Mitigation Strategies
- Build flexible supply chains
- Secure cybersecurity for social infrastructure and business systems
- DX of social infrastructure
Supply Chain Management
Responsible Procurement
- Strengthen monitoring of procurement partners for responsible procurement, including human rights
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: SDGs, GRI standards, SASB standards